Forum Discussion
kevmcdonk
Apr 05, 2023MVP
OKRs vs KPIs
Many organisations have set up existing KPIs that help them to track the state of key measures across their organisation, with these either being transparent to all or shared at regular townhalls. Th...
jimhopkinson
Microsoft
Apr 05, 2023Great take Kevin! Totally agree that OKRs and KPIs need to work hand in hand. One example we often give is a stat like website uptime as a KPI. Yes, it's something that is totally necessary, and must be monitored. But in terms of being a true OKR and setting a stretch goal, there are other metrics that might make more sense.
Or the fun example we used to give is a road trip. If you're driving from Seattle to San Francisco, your OKR -- your ultimate goal -- is like a GPS. But along the way, there are KPI metrics such as monitoring your speed, your miles per gallon, and fuel levels, which are more of a dashboard. And of course, the projects/initiatives to get started are loading up on fun snacks and music playlists. 🙂
Or the fun example we used to give is a road trip. If you're driving from Seattle to San Francisco, your OKR -- your ultimate goal -- is like a GPS. But along the way, there are KPI metrics such as monitoring your speed, your miles per gallon, and fuel levels, which are more of a dashboard. And of course, the projects/initiatives to get started are loading up on fun snacks and music playlists. 🙂
- kevmcdonkApr 06, 2023MVPGreat examples there, love that (especially the snack and playlist although those are definitely goals for me!)